Two Sigma Securities LLC Buys New Holdings in Regency Centers Co. (NASDAQ:REG)

Two Sigma Securities LLC acquired a new position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,250 shares of the company's stock, valued at approximately $462,000.

Several other large investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Regency Centers in the fourth quarter valued at approximately $1,262,425,000. JPMorgan Chase & Co. boosted its holdings in shares of Regency Centers by 0.5% during the 4th quarter. JPMorgan Chase & Co. now owns 11,141,771 shares of the company's stock worth $823,711,000 after buying an additional 51,424 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Regency Centers by 1.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,440,384 shares of the company's stock worth $771,859,000 after acquiring an additional 171,047 shares during the period. Principal Financial Group Inc. boosted its holdings in Regency Centers by 4.2% during the fourth quarter. Principal Financial Group Inc. now owns 9,182,664 shares of the company's stock valued at $678,873,000 after acquiring an additional 366,427 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Regency Centers by 121.2% in the fourth quarter. Invesco Ltd. now owns 5,374,450 shares of the company's stock worth $397,333,000 after purchasing an additional 2,944,854 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Michael J. Mas sold 20,000 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the completion of the transaction, the chief financial officer now directly owns 54,020 shares in the company, valued at $3,975,872. This trade represents a 27.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa Palmer sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total value of $1,831,500.00. Following the completion of the sale, the chief executive officer now owns 139,923 shares in the company, valued at $10,250,758.98. The trade was a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 95,000 shares of company stock valued at $6,977,500. Company insiders own 1.00% of the company's stock.

Regency Centers Stock Up 0.5 %

Shares of Regency Centers stock traded up $0.33 during trading on Wednesday, reaching $72.18. The stock had a trading volume of 1,836,521 shares, compared to its average volume of 1,052,015. Regency Centers Co. has a 52 week low of $58.08 and a 52 week high of $78.18. The company has a current ratio of 0.85, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average price of $72.14 and a two-hundred day moving average price of $72.71. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 34.05, a P/E/G ratio of 3.75 and a beta of 1.03.

Regency Centers (NASDAQ:REG - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.01. The company had revenue of $370.35 million during the quarter, compared to analysts' expectations of $364.64 million. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. During the same quarter last year, the company earned $1.08 EPS. Sell-side analysts predict that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a $0.705 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $2.82 annualized dividend and a yield of 3.91%. Regency Centers's dividend payout ratio is 133.02%.

Analyst Ratings Changes

A number of brokerages recently issued reports on REG. Mizuho boosted their target price on shares of Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Scotiabank reduced their price target on shares of Regency Centers from $80.00 to $76.00 and set a "sector perform" rating on the stock in a research report on Wednesday, April 23rd. Finally, Wells Fargo & Company dropped their price objective on Regency Centers from $80.00 to $79.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Regency Centers presently has an average rating of "Moderate Buy" and a consensus target price of $78.08.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.